India’s Capital First to offer up to Rs. 1.5 billion secured debentures

By Marisa Wong

Morgantown, W.Va., June 25 – Capital First Ltd. informed the Bombay Stock Exchange that its debenture committee has approved a Rs. 750 million private placement of secured redeemable non-convertible debentures.

The offering will include a Rs. 750 million greenshoe.

The rated securities will be listed on the debt market segment of the National Stock Exchange of India Ltd., as previously noted.

Capital First is a Mumbai-based consumer and wholesale business financial services provider.

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